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2019 Code of Alabama
Title 27 - Insurance.
Chapter 32 - Rehabilitation, Reorganization, Conservation, and Liquidation of Insurers.
Section 27-32-10 - Grounds - Ancillary liquidation of foreign insurers.
Universal Citation: AL Code § 27-32-10 (2019)
Section 27-32-10Grounds - Ancillary liquidation of foreign insurers.
The commissioner may apply to the court for an order appointing him as ancillary receiver of, and directing him to liquidate, the business of a foreign insurer having assets, business, or claims in this state upon the appointment in the domiciliary state of such insurer of a receiver, liquidator, conservator, rehabilitator, or other officer by whatever name called for the purpose of liquidating the business of such insurer.
(Acts 1971, No. 407, p. 707, §629.)
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